Proceedings of Business and Economic Studies

The Impact of Sustainable Development Strategies on Corporate Performance

Lingli Li — Sun, 25 Feb 2024 00:00:00 +0800

Enterprises must develop and implement effective strategic measures to achieve sustainable development. This entails evaluating corporate performance, understanding the impact of sustainable development strategies on corporate performance, and implementing such strategies. The article proposes eight critical countermeasures to foster harmony and sustainable development among humanity, nature, the economy, and society: innovation-driven initiatives, green development practices, social responsibility initiatives, talent cultivation programs, collaborative cooperation efforts, sound financial management, brand-building endeavors, and effective information management.

Research on the Development Path of Green Marine Economy in the Era of Ecological Civilization

Yujie Zhuang — Sun, 25 Feb 2024 00:00:00 +0800

This article explores the development path of the green marine economy in the era of ecological civilization. It highlights the importance of developing a green marine economy and how it has become a global consensus. The article suggests that China should take proactive measures to optimize its marine industrial structure, promote marine scientific and technological innovation, strengthen marine resource protection and environmental governance, and enhance the competitiveness of the marine economy. The ultimate objective is to achieve sustainable development of the ocean, expand the blue economic space, and accomplish the goal of green marine economic development.

Exploring the Evolutionary Path of Digital Financial Inclusion in Guangdong Province, China

Juan Zhang — Sun, 25 Feb 2024 00:00:00 +0800

This study explores the development trajectory of digital financial inclusion in 21 cities in Guangdong Province through fuzzy-set qualitative comparative analysis (fsQCA). The findings emphasize that the success of digital financial inclusion goes beyond individual dimensions, forming a systematic initiative marked by multifaceted interaction among different disciplines. In the trajectory of high-level digital inclusive finance development, the study identifies economic prosperity and technological innovation as crucial elements, highlighting their centrality, and elucidates the synergistic collaboration between market mechanisms and government guidance. Furthermore, the study emphasizes the government’s pivotal role in supporting market mechanisms and guiding policies, highlighting the need to achieve a nuanced equilibrium in the digital financial inclusion strategy. In contrast, non-high-level development paths of digital inclusive finance show a spectrum of diversities, emphasizing the critical roles played by economic fundamentals, government regulation, market mechanisms, and other contextual factors in different trajectories. Regarding policy implications, the study emphasizes the comprehensive and systemic nature inherent in the development of digital inclusive finance. It proposes four policy recommendations, including integrating development strategies, emphasizing scientific and technological innovation and economic development, achieving a delicate balance between market mechanisms and government guidance, and providing precise policy support. These insights provide valuable lessons for shaping digital inclusive financial policies in Guangdong Province and beyond, offering profound insights for strategically constructing robust digital financial ecosystems.

An Analysis of Supply Chain Environment in Great Wall Motor Based on Life-Cycle Assessment

Sun, 25 Feb 2024 00:00:00 +0800

Great Wall Motor (GWM), a leading automotive manufacturer, places a strong emphasis on environmental sustainability and social responsibility. The company focuses on comprehensively evaluating and enhancing its supply chain to align with these objectives. This evaluation spans the entire product life cycle, encompassing design, manufacturing, packaging, distribution, usage, and recycling and disposal processes. Key areas of focus include optimizing raw material selection, improving product recyclability, reducing energy consumption and waste emissions, and minimizing carbon emissions during transportation. Through these endeavors, GWM not only enhances its environmental performance by reducing carbon emissions and resource consumption but also bolsters its brand image and competitiveness in the market. GWM’s dedication to environmental innovation and technological leadership serves as a driving force behind sustainable development and social responsibility within the industry.

Variable and Invariable, Explore the Value-Creation Techniques of Management Accounting by Benchmarking the Financial Management of Large Enterprises

Jie Jin, Jiajie Mu — Sun, 25 Feb 2024 00:00:00 +0800

With the development of information technology such as ChatGPT, artificial intelligence, 5G, and so on, technological innovation brings about a qualitative change in the economic business. This change is embodied in breakthroughs in the field of science and technology and the iterative upgrading process of products. The traditional business model undoubtedly fails to adapt to the management needs of modern enterprises, while traditional financial practices and knowledge reserves cannot meet these needs. Faced with sudden technological changes and the emergence of financial sharing, financial robots, etc., there is an urgent need for financial practitioners to transform from traditional financial accounting to value-creating management accounting. In the future, financial professionals with the ability to embrace uncertainty, adapt to environmental changes, and find breakthroughs in uncertain environments will be the most sought-after by enterprises. This paper aims to benchmark the excellent financial management models of large enterprises and conduct thematic research on financial management in large enterprises. It seeks to explore, in the era of big data management accounting, the road and art of creating value in enterprises. The objective is to provide references for colleagues in the financial field and to explore effective ways to generate value for enterprise management ideas, thus serving as a reference point in the financial transformation journey.

Risk Assessment and Control in Medical Investment, Merger, and Acquisition

Feng Qian — Sun, 25 Feb 2024 00:00:00 +0800

The risk assessment and control of medical investment, merger, and acquisition are crucial topics within the medical industry, encompassing various aspects of investment, merger, and acquisition within this sector. The process primarily targets the unique nature and associated risks of the medical industry, focusing on effective risk management and control strategies to facilitate the smooth progression of investment, merger, and acquisition activities.

Automobile Transportation Logistics Supply Chain Management Strategy

Liting Yu — Sun, 25 Feb 2024 00:00:00 +0800

To enhance the management level and quality of the automobile transportation logistics supply chain and promote innovation and development in automobile transportation logistics enterprises, it is essential to strengthen the construction of the automobile transportation logistics supply chain management model. This can be achieved through the gradual improvement of the automobile transportation logistics management process, ensuring that the management of the automobile transportation logistics supply chain proceeds in an orderly manner. The aim is to improve automobile transportation and logistics service levels while meeting the changing market supply needs. This will enable automobile transportation and logistics enterprises to maintain steady economic benefits and enhance their core competitiveness in the market. Therefore, this paper has conducted a comprehensive exploration and research on managing the automobile transportation logistics supply chain. Corresponding management strategies are proposed as a starting point to achieve the aforementioned goals.

Exploration of Human Resource Management in Enterprise Business Management

Jing Zhao — Sun, 25 Feb 2024 00:00:00 +0800

Human resource management is an integral part of enterprise operation and management, contributing to the avoidance of financial risks, alleviation of performance problems, promotion of organizational development, enhancement of operational efficiency, and fostering sustainable enterprise development. Enterprise management should prioritize attention to human resource management by establishing an independent human resource management department and strategically planning human resource management tasks. This involves building an information management platform, developing a professional human resource management model to mitigate market risks, actively recruiting human resource management talents to form a competent team, and enhancing the human resource management and supervision system. These measures are essential for comprehensively improving the level of enterprise operation and management.

Study on the Measurement of the Development Level of Common Prosperity

Kun Cai — Sun, 25 Feb 2024 00:00:00 +0800

Constructing a comprehensive prosperity evaluation index system from the dimensions of “affluence” and “commonality,” consisting of 23 detailed indicators, this study utilizes the entropy method and provincial panel data from 2011 to 2020 to measure the level of common prosperity across Chinese provinces. The research findings indicate an overall upward trend in the common prosperity development level among provinces during the sample period. Beijing, Shanghai, Zhejiang, Guangdong, and Jiangsu exhibit the highest common prosperity indices at the provincial level. From a spatial perspective, significant disparities exist in the common prosperity levels among different regions. Consequently, policy recommendations are proposed: Tailoring strategies for regional development based on realities, reinforcing regional coordinated development, and promoting the advancement of common prosperity.

Research on the Digital Transformation of the Whole Industry Chain of Guangdong Supply and Marketing Cooperative

Siting Lian, Wei Zhang — Sun, 25 Feb 2024 00:00:00 +0800

Guangdong Supply and Marketing Cooperative serves as an important institution for the “Three Rural Areas” in the Guangdong-Hong Kong-Macao Greater Bay Area. Its digital transformation and optimization serve as powerful supports for rural revitalization. This paper systematically reviews the main practices and effectiveness of the digital transformation within the Guangdong Supply and Marketing Cooperative. It also analyzes the current development dilemmas faced in the construction of digital supply and marketing. Additionally, it proposes targeted solutions, including building a big data resource base, optimizing the digital supply and marketing cloud platform, developing digital public-type agricultural social service applications, establishing a new model of rural e-commerce, enhancing the traceability management system for agricultural products, and strengthening the construction of the digital human resources system. These proposals aim to further promote the strategy for revitalizing the countryside.

Exploring Efficient Salary Management Systems: A Case Study of Hefei Yusheng Hotel Management Co., Ltd.

Lina Wang — Sun, 25 Feb 2024 00:00:00 +0800

The issue of brain drain poses a significant obstacle to the development of the hotel and catering industry. Attracting and retaining skilled personnel to engage in management within this sector has emerged as a primary challenge. This paper examines the current landscape of China’s catering service industry and its salary management system, identifying key challenges encountered in salary management within the industry. Drawing upon salary management theory and insights into existing challenges, the paper proposes specific treatment measures and management strategies.

Research on the Construction Status of the Beijing-Tianjin-Hebei Medical Talent Community and the Countermeasures for Its Realization

Chao Jing, Jiaqi Zhang — Sun, 25 Feb 2024 00:00:00 +0800

In April 2015, the Political Bureau of the CPC Central Committee adopted the “Outline of the Plan for the Coordinated Development of Beijing, Tianjin, and Hebei.” In July 2017, the “Plan for the Integrated Development of Beijing, Tianjin, and Hebei Talents (2017–2030),” jointly prepared by the leading groups of the three regions, was officially released. The core of the coordinated development of these three regions is the orderly removal of non-capital functions from Beijing. Talents, especially medical talents, are integral to this transition. The construction of a medical talent community across these three regions promotes the further development of a healthier China, meets the growing needs of the people for a better life, and embodies the concept of putting people first. This paper begins by examining the current situation of the construction of the Beijing-Tianjin-Hebei medical talent community, reviewing the progress made, analyzing existing problems, and proposing targeted countermeasures and suggestions.

Research on the Problems and Countermeasures of Monetary Capital Internal Control in Small and Medium-Sized Enterprises

Lina Sha, Guanlin Liu, Zhaoyong Ouyang — Fri, 01 Mar 2024 00:00:00 +0800

Small and medium-sized enterprises (SMEs) constitute the primary drivers of production within the nation’s existing enterprise landscape. They represent the most dynamic segment of the national economy and play a pivotal role in supporting economic growth, fostering employment, and enhancing people’s livelihoods. However, despite their significant and extensive organizational structures, only a fraction of these companies have established internal control systems, and even fewer possess robust ones. Building upon this premise and considering the prevailing circumstances of SMEs, this paper undertakes an empirical analysis of monetary fund management within this sector. It delves into the operational intricacies, exploring how monetary funds should be effectively implemented to ensure their safety and integrity. Furthermore, it proposes viable strategies to enhance the circulation efficiency of monetary funds, thereby maximizing benefits for enterprises. Addressing these challenges is crucial for SME managers striving to achieve sustainable profit growth and navigate the complexities of financial management.

Research on Partner Selection in Enterprise Innovation Ecosystem

Shuang Luo, Junxi Gao, Weiwei Deng — Sun, 25 Feb 2024 00:00:00 +0800

In the face of fierce market competition, enterprises must ensure the competitiveness of their products or services through technological innovation. However, the complexity of technology often surpasses the capabilities of individual enterprises, leading them to deepen cooperation with other organizations. The entities within the enterprise innovation ecosystem depend on each other, collaborate closely, and rely on core enterprises to integrate resources, thereby creating system value and enhancing competitiveness. The purpose of this paper is to explore the process of selecting appropriate ecosystem partners. It begins by providing an overview of relevant concepts, characteristics, selection factors, and methods. Subsequently, it analyzes the roles, resources, and synergy evolution of the entities within the ecosystem. An evaluation system encompassing operation, core, synergy, and development capability is then established. This system comprises 16 indicators, including organization scale and reputation, and is accompanied by a hierarchical evaluation model. Finally, the validity of the evaluation system is confirmed through empirical analysis, utilizing the Analytic Hierarchy Process (AHP) and the fuzzy comprehensive evaluation method.

Systematic Risk Analysis of Listed Financial Institutions from the Perspective of Complex Network

Shiyun Li — Sun, 25 Feb 2024 00:00:00 +0800

Based on the complex network theory, this paper studies the systemic financial risks in China’s financial market. According to the industry classification of the China Securities Regulatory Commission in 2012, the daily closing prices of 45 listed financial institutions are collected and the daily return rates of each financial institution are measured according to the logarithmic return rate calculation formula. In this paper, the risk spillover value ΔCoVaR is used to measure the contribution degree of each financial institution to systemic risk. Finally, the relationship between the risk spillover value ΔCoVaR and the node topology index of the risk transmission network is investigated by using a regression model, and some policy suggestions are put forward based on the regression results.

Research on the Innovative Decisions of Supermarket Private Brands and Designated Manufacturers

Jia Chen — Fri, 01 Mar 2024 00:00:00 +0800

One of the core competencies of a supermarket lies in its branding. With the continuous development of the market economy and the ongoing evolution of consumer demand, private brands have progressively emerged as significant contributors to supermarket growth. However, a pivotal developmental challenge for supermarkets is navigating the innovative decision-making process between private brands and designated manufacturers. This paper aims to investigate the innovative decisions between private brands and designated manufacturers, along with the relevant promotional strategies employed during entry into the United States market.

Maximizing Supermarket Profits: Data-Driven Strategies for Pricing, Sales, and Forecasting

Wenkang Li — Sun, 25 Feb 2024 00:00:00 +0800

The actual circumstances of daily life are crucial for the purchasing and pricing strategies of supermarkets. Developing strategies based on these circumstances can assist businesses in ensuring profits and fostering win-win cooperation. This paper explores methods to maximize profit through purchasing and sales strategies. Initially, the relevant data for various categories of vegetables is integrated. Through histograms, their sales patterns are directly understood, highlighting the most popular vegetables. Upon analyzing each vegetable category, it becomes evident that their sales data do not conform to normal distributions. Therefore, Spearman correlation coefficients are calculated, revealing strong correlations between certain categories, such as aquatic roots and edible fungi. A line chart depicting the top ten selling vegetables indicates a noticeable periodicity. Traditional fitting methods struggle to adequately model the sales of each vegetable category and their relationship with cost-plus pricing. To address this, additional factors such as holidays, weeks, and months are incorporated using techniques like random forest regression. This approach yields cost-plus pricing dependence curves that better capture the relationship, while effectively managing noise. Regarding sales volume prediction, the original data displays significant volatility, necessitating the handling of outliers using the threshold method. For missing data, linear interpolation is employed to mitigate the impact of continuous missing values on prediction accuracy. Subsequently, Adam-optimized long short-term memory (LSTM) networks are utilized to forecast incoming quantities for the next seven days. By extrapolating from normal sales volume, market capacity is estimated, allowing for additional sales through discount strategies. This framework has the potential to increase original income by 1.1 times.

Research on the Influence of Equity Structure on Corporate Performance

Limei Fu — Sun, 25 Feb 2024 00:00:00 +0800

Equity structure constitutes a crucial component of corporate internal governance. A scientifically and reasonably structured equity system aids in enhancing the level and efficiency of corporate governance. Through empirical analysis of data spanning from 2013 to 2022, the study aims to verify the influence mechanism of equity structure on corporate performance. The results indicate that enhancing equity concentration and balance positively impacts corporate performance, with this effect persisting over time. Consequently, optimizing the degree of equity concentration, shareholder types, and the board of directors’ structure can assist enterprises in maximizing long-term value.

The Sustainable Development Pathway of the Biomedical Industry Based on Environmental, Social, and Governance (ESG) Concepts

Yangyan Chen — Sun, 25 Feb 2024 00:00:00 +0800

There is a growing global awareness of environmental, social, and governance (ESG) concerns. The biopharmaceutical industry is an important field that affects human health and well-being, and its sustainable development is now the industry’s focus. Based on the current state of the green development of China’s biopharmaceutical industry, the article proposes suggestions and paths for promoting the industry to better fulfill its social responsibilities and protect the environment while pursuing economic benefits. By doing so, the industry can make a greater contribution to global public health and become an important factor in promoting human health and social prosperity.

Analysis of the Characteristics and Development Direction of Services Trade in Shandong Province of China

Huiqian Yu — Sun, 25 Feb 2024 00:00:00 +0800

Shandong is a significant province for foreign trade in China; however, it still faces shortcomings in the development of its service trade, as outlined below. Firstly, the scale of service trade is limited. Shandong’s service trade volume ranked sixth in China in 2022, lagging considerably behind Shanghai, Guangdong, Beijing, Zhejiang, and Jiangsu. Secondly, the proportion of service trade in Shandong compared to the overall national services trade volume falls below the national average, with the per capita scale even lower than the national average. Thirdly, Shandong’s service trade accounts for less than 10% of the province’s foreign trade, which is 3 percentage points below the national average. The insufficient development of Shandong’s service trade is mainly attributed to the weak performance of its own service industry and the limited scale of attracting foreign services investment. Accelerating the development of producer services in Shandong, promoting the intelligent upgrading of consumer services, and continuously promoting reform and opening up in the service sector will be conducive to achieving high-quality development of services trade in Shandong.

Research on Work-Life Balance of Female Employees

Ming Chen — Sun, 25 Feb 2024 00:00:00 +0800

Nowadays, the pace of work and life is accelerating rapidly, accompanied by significant changes in work content and family structure. Enterprises and employees are encountering various pressures and conflicts. Female employees, in particular, are experiencing increasing pressure in both social labor and family affairs, resulting in ongoing conflicts between work and life. Achieving a balance between these two domains is crucial for female employees. This article aims to analyze the influencing factors of work-life balance for female employees and to propose useful strategies to help them improve it.

Innovative Exploration and Research on International Exchange and Cooperation Mechanisms under the Background of Hainan Free Trade Port

Xiaochao Yao — Sun, 25 Feb 2024 00:00:00 +0800

In order to explore and foster innovation in international exchange and cooperation, this study focuses on the background of the construction of the Hainan Free Trade Port. It delves into the current development status, characteristic demands, and potential challenges of its international exchange and cooperation mechanisms. Through a comprehensive analysis of relevant cases, survey questionnaires, and literature, this study aims to provide feasible innovative models and recommendations to promote the sustained development of the Hainan Free Trade Port in the field of international exchange and cooperation, injecting new vitality into China’s economic globalization. This exploration contributes to a deeper understanding of the development of free trade ports and provides insights and references for other countries and regions.

Construction and Application of a Quality Evaluation System for Group Elderly Care Services Based on the Internet of Things

Xiyu Yang, Jialu Li, Weiming Tian — Sun, 25 Feb 2024 00:00:00 +0800

With the continuous intensification of global aging, the issue of elderly care has become an increasingly prominent social problem. The Internet of Things (IoT) technology, as an emerging field, holds broad application prospects. This article focuses on the application of IoT technology in group elderly care services and constructs a quality evaluation system for these services based on IoT technology. Through the analysis of practical application cases, the advantages and challenges of IoT technology in group elderly care services have been examined, confirming the feasibility and effectiveness of the evaluation system.

Study on the Promotion of Digital Trade to Northeast Asian Regional Economy

Yating Mo, Zhaoxia Zhang — Sun, 25 Feb 2024 00:00:00 +0800

Society is currently transitioning from the era of informatization and digitization to the era of intelligence. Advanced technologies such as artificial intelligence, the Internet of Things, and big data are permeating every aspect of production and life. This penetration presents a rare opportunity for the development of digital trade and catalyzes innovation in traditional trade patterns. This paper first analyzes the inevitability of digital trade development in Northeast Asia. Secondly, it delves into the challenges faced by digital trade development and explores in-depth the promotion strategy for digital trade’s impact on the economic development of the Northeast Asia region, providing insights from various perspectives for reference.

Economic Analysis and Research of New Energy Vehicle Promotion Model

Zihang Wang, Xudong Wang, Zhenyin Zhang, Shaolong Wang, Chenyang Xu — Sun, 25 Feb 2024 00:00:00 +0800

New energy vehicles represent the inevitable trend of future development. Compared to traditional fuel vehicles, they are more energy-saving and environmentally friendly, effectively reducing air pollution and mitigating excessive exploitation of oil resources, a stance strongly supported by governments. However, new energy vehicles possess certain drawbacks in terms of price and usability compared to traditional counterparts. Therefore, external support is imperative for their development. This paper delineates four main sections: the background of new energy vehicle promotion and application, a comparative analysis of domestic and foreign promotion models, specific promotion suggestions, and future development prospects. By leveraging insights from economic analysis, the optimal promotion model for new energy vehicles is elucidated.

Research on the Optimization of Enterprise Financial Management under the Financial Sharing Model

Feiyang Zhang — Sun, 25 Feb 2024 00:00:00 +0800

With the advancement of globalization and information technology, the financial sharing mode has gradually emerged as a crucial means for enterprises to optimize their financial management. Particularly within the context of economic globalization, informatization, and digital transformation, enterprises find themselves navigating a rapidly evolving market environment by intensifying competition. To enhance efficiency and competitiveness, many enterprises have embraced the financial sharing model to streamline financial management processes, curtail costs, and bolster the execution of corporate strategies. This article aims to dissect the definition and essence of the financial sharing model and its significance in the realm of enterprise financial management. Drawing upon this analysis and aligning with the needs of enterprise financial management, the article proposes ideas for optimizing management practices, aspiring to foster reform and innovation in enterprise financial management while enhancing its level of financial management and ability to respond to financial risks. This contribution seeks to provide valuable insights for practitioners in the field.

Research on the Impact of Digital Finance on Energy Efficiency in China

Jieting Jin — Sun, 25 Feb 2024 00:00:00 +0800

Digital finance and green technology innovation (GTI) serve as powerful engines for promoting energy efficiency (EE) and economic development. This paper explores the mechanism by which digital finance impacts EE based on panel data from 30 provinces in China spanning from 2011 to 2019. The results demonstrate that digital finance can significantly enhance EE, with a particularly pronounced effect in the eastern region. Through mechanistic analysis, it is evident that GTI serves as the transmission pathway through which digital finance influences EE, accounting for 45.3% of the effect. The policy implication of this study suggests that China should expedite the digitization of financial markets to further harness the development of digital finance, particularly in pursuit of its technological innovation and green, low-carbon environmental protection effects.

An Emergency Plan Selection Method for Emergency Latency

Huajun Liu — Sun, 25 Feb 2024 00:00:00 +0800

Drawing upon a characteristic analysis of the latency period in emergencies, this paper proposes an emergency plan selection method based on interval language variables and information entropy to address the challenge of acquiring critical information during this crucial stage. Initially, decision-makers employ interval language variables to express the preference information regarding emergency plans, while also introducing an enhanced information entropy theory to derive the weight coefficients of key indicators. Subsequently, the weighted arithmetic average operator of interval language is applied twice to aggregate the preference information alongside the relative importance of decision-makers and the weight coefficients of key indicators. Finally, the ranking coefficients of each emergency plan are sorted to determine the optimal scheme. The feasibility and effectiveness of this method are demonstrated through a case study involving the selection of an emergency plan for a flood disaster in a specific location.

Exploring Effective Ways of Green Printing to Reduce Harmful Volatile Organic Compounds Emissions

Yizhe Li, Yao Wang — Sun, 25 Feb 2024 00:00:00 +0800

This paper delves into the transformative shift in the printing industry from traditional petroleum-based inks to sustainable alternatives, focusing on soy ink. Initially, it examines the environmental and health hazards associated with conventional printing, highlighting the detrimental impact of volatile organic compounds (VOCs) and toxic substances in inks. The emergence of soy ink as an eco-friendly solution is then explored. Derived from soybeans, soy ink significantly reduces the release of harmful VOCs and enhances the recyclability of printed materials. The paper discusses not only the environmental benefits of soy ink but also its operational and economic advantages, such as improved deinking capabilities and waste reduction. A notable development in soy ink technology is the use of soy methyl ester, which addresses the challenges of slow drying and penetration associated with traditional inks. The paper concludes by emphasizing the need for continued innovation in sustainable practices within the printing industry, positioning soy ink as a key player in aligning economic goals with environmental responsibility. The shift to soy-based inks exemplifies a broader trend towards sustainability, pivotal for the future health of the planet.

The Customer Requirements Analysis Method of Engineering Products Based on Multiple Preference Information

Guo Mao — Sun, 25 Feb 2024 00:00:00 +0800

To effectively evaluate the fuzziness of the market environment in product planning, a customer requirements analysis method based on multiple preference information is proposed. Firstly, decision-makers use a preferred information form to evaluate the importance of each customer requirement. Secondly, a transfer function is employed to unify various forms of preference information into a fuzzy complementary judgment matrix. The ranking vector is then calculated using row and normalization methods, and the initial importance of customer requirements is obtained by aggregating the weights of decision members. Finally, the correction coefficients of initial importance and each demand are synthesized, and the importance of customer requirements is determined through normalization. The development example of the PE jaw crusher demonstrates the effectiveness and feasibility of the proposed method.

Labor Motivation and Its Influence on Workers’ Productivity – A Secondary Publication

Ricardo Molinar — Sun, 25 Feb 2024 00:00:00 +0800

The productivity of an institution is achieved, in large part, by creating a harmonious environment that reflects the satisfaction, empowerment, and collaborative spirit of each employee. From this perspective, management will consider upgrades using all tactics that allow for the achievement of these goals, including direct effort and the involvement of all stakeholders. The objective of this study was to examine the relationship between work motivation and the productivity of workers in the communal board of the Barrio Sur corregimiento in the province of Colón. Using the questionnaire as an instrument, as well as the descriptive method, allowed for the report and evaluation of the characteristics of the workers, indicating interpersonal deficits and distancing in the motivations that drive administrative action. By incorporating different approaches previously analyzed and developed by different authors familiar with the subject, it was possible to achieve substantial results, such as the need to implement administrative strategies that harmoniously incorporate workers, showing that, despite motivation problems, the work environment where one works is very important in the performance of their duties. Managing to motivate the direct participation of the workers selected as part of the sample, who showed full satisfaction with the results framed within the framework of individual improvement and, above all, the commitment to the institution to improve its work.

From Inside Out: Internal Marketing as an Engine for Service Promotion – A Secondary Publication

Yermaline Ching — Sun, 25 Feb 2024 00:00:00 +0800

Focusing on “from inside out” means understanding that the driving force behind a successful service promotion campaign lies in a deep connection with the internal team, turning it into the engine that propels a positive brand perception. The University of Panama faces challenges in the effective implementation of strategies involving its internal staff, impacting the coherence and strength of its promotional messages. The research aimed to determine internal marketing strategies as an engine for service promotion at the Central Campus and CRUSAM. The applied study was descriptive, non-experimental field research, and cross-sectional. The sample consisted of 80 individuals using a quota sampling method to measure and quantify the expression of a construct or variable that is not directly observable. A self-administered questionnaire was used to collect information, measuring variables in their various dimensions. Content validity of the questionnaire was ensured through the evaluation of three experts, and the reliability of the Likert-type instrument was assessed using Cronbach’s α coefficient, which was found to be very high (0.918). The results led to the conclusion that establishing internal marketing strategies is necessary for the transformation and innovation process in the university through service promotion.

The Impact of Human Resource Management on University Development

Zhangwu Tian, Roberto M. Arguelles — Sun, 25 Feb 2024 00:00:00 +0800

As competition in the education industry intensifies and the knowledge economy evolves, the significance of Human Resource Management (HRM) in university institutions. This study aims to explore how HRM affects the sustainable development and competitiveness improvement of universities. This article begins with a theoretical analysis to define the concept of HRM and its particular relevance within university education. The subsequent analysis examines the multi-dimensional framework of university development, encompassing its connotation, goals, and key influencing factors. The article further elaborates on the positive effects of HRM on university teaching quality, scientific research capabilities, organizational culture, and social services. On this basis, the main challenges currently faced by university HRM are discussed, such as talent mobility, institutional constraints, resource limitations, and internationalization pressure. Finally, optimization strategies are proposed, including building a scientific human resources system, enhancing talent training and development, fostering diversity among teaching staff, and improving decision-making efficiency and transparency. The conclusions of this study aim to provide strategic insights for university education managers to better utilize human resource advantages and promote the comprehensive and sustainable development of universities.

Exploring the Digital Path of Human Resource Management in Innovation and Entrepreneurship Enterprises

Hao Wang — Sun, 25 Feb 2024 00:00:00 +0800

The digitization of human resource management functions can enhance the adaptability of human resource management and promote the comprehensive digital development of innovative and entrepreneurial enterprises. This article first summarizes and evaluates the connotation and research status of the digitalization of enterprise human resource management. Secondly, it analyzes the influencing factors of digitalization of human resource management in innovative and entrepreneurial enterprises from three aspects: employee factors, organizational factors, and technological factors. Finally, it designs a digitalization plan for human resource management in innovative and entrepreneurial enterprises from four aspects: analyzing the current situation, preparing thoroughly, designing plans, and building systems. It emphasizes the value of digitalization of enterprise human resource management for innovative and entrepreneurial enterprises.

Analysis of the Supply Chain in Industrial Companies in Guayaquil, Ecuador – A Secondary Publication

Tue, 27 Feb 2024 00:00:00 +0800

This research clearly outlines the supply chain in a process of evolution and digital transformation, where the collaboration of its members is concentrated, having technological tools to help chain management. To analyze the advantages that this transformation produces in the supply chain, as well as its different processes, this study has a systemic perspective that involves precise elements for organizational development, such as the different phases of each process, operations, logistics, and distribution. It must be borne in mind that any strategy in industrial companies grants the automation of procedures in the supply chain and determines a product in any phase of production, making the organization more sensitive to any variation in orders. The methodology included a bibliographic and non-experimental review that allows a descriptive and analytical study, which details the various characteristics of the fact that is being investigated, collecting information through interviews with different people who are involved with industrial companies. Among the results obtained, it was identified that digital transformation helps reduce costs and generates greater profitability. In conclusion, it was obtained that the digital supply chain helps in each of the phases of the processes, these are supervised by devices that help to have fast and effective information.